CADJPY WILL HIT THE RESISTANCE LEVEL AND COME BACK TO HIT A LOWER HIGH THAT WAS A PREVIOUS SUPPORT WHICH WILL PRECEED TO A BREAKOUT TURNING TO A FAKEOUT
heads and shoulders
a possible retracement until it continues its uptrend
hit a critical resistance level
AFTER HITTING A RESISTANCE LEVEL
HIT A SUPPORT LINE
doubletop formation so a sell stop at the indicated price
if the price reaches the price shown it is most likely to fall extensively
possible retest and continuation
a possible continuation of the downtrend after a bullish retracement
LONG POSITION
the bearish candletick at the pivot point points to a clear bearish move, at least a retracement of the upward trend
